Property for Sale in Minneapolis
3606 E 34th Street
Minneapolis, MN 55406
Property Details
Year Built
1963
Square Feet
5,500
Parking Features
Paved Lot
Zoning
Residential-Multi-Family
2026 Property Taxes
$10,988
School District
Minneapolis
County
Hennepin
Spectacular six unit recently renovated with all new kitchens and bathrooms. Unit mix is five one-bedroom and one studio apartment all with one full bathroom. Three story all-brick exterior, sitting on 0.13+ acres with off street parking lot. 100% fully rented with on-site coin operated laundry and a newer water heater and high efficiency boiler. The average one-bedroom rents are $1,296 and the studio is at $1,195. This asset is in turn-key condition with a stabilized in place cap rate of 8.63% along with a 7.94 gross rent multiplier. Perfect for the first time investor or for your next 1031 tax exchange.
Hiawatha Ave to East 32nd Street / Go East to 36th Avenue South / South to 34th Street East / Across from Longfellow Park
Features
Utilities
Electric Separate,Heating Common,Hot Water Common
Cooling
Wall Unit(s)
Heating
Boiler,Hot Water,Zoned
Sewer
City Sewer/Connected
Water
Public
Foundation
Block
Additional Info
Includes
Dishwasher,Range,Refrigerator,Stainless Steel Appliances
Listed By
Nathan Opatz of Apartment Cash Flow, Inc.
Listed
05/05/26 and last updated 05/27/26
Based on information submitted to the MLS GRID or Trestle as of DATE and TIME. All data is obtained from various sources and may not have been verified by the broker, MLS GRID, or Trestle. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
